Mark Zuckerberg has become so obsessed with AI that one Wall Street research firm is jesting that Facebook will change its name to MetAI

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Mark Zuckerberg showed full avatar at Meta connect event
Mark Zuckerberg showed full avatar at Meta connect event

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China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.

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Good morning, readers. I'm Diamond Naga Siu, and I feel pretty behind compared to my peers.

Meta just surged past Tesla in market value for the first time in 16 months

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Mark Zuckerberg
Meta's market capitalization passed Tesla's for the first time since December 2021 on Thursday.

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Mark Zuckerberg isn't ruling out future layoffs at Meta 'given the volatility,' a report says

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Mark Zuckerberg at the Paley Center For Media on October 25, 2019
Mark Zuckerberg speaks at the Paley Center For Media in 2019.

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Meta employees criticize Mark Zuckerberg's second round of layoffs in an internal forum: 'you've shattered the morale and confidence in leadership,' report says

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A composition shows a white sign with Meta's
Meta's headquarters, and Mark Zuckerberg.

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Meta's latest round of layoffs will hurt productivity and damage employee morale

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Meta's latest round of job cuts appears to have begun, with workers posting on LinkedIn that they have been laid off

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Facebook founder and CEO Mark Zuckerberg at the company's first conference dedicated to messaging
Facebook founder and CEO Mark Zuckerberg.

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Facebook’s parent company Meta is doing layoffs again. But there’s one ‘safe’ team that could actually benefit from the job cuts.

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Welp, it's Wednesday. I'm Diamond Naga Siu, and I (semi-jokingly) like to say that I watch  about one movie per year. I've already watched one in 2023. But in light of breaking news, I might make an exception. 

Mark Zuckerberg upped his spending on private jet travel last year

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Mark Zuckerberg wearing a name badge and walking past a hedgerow in a park.
Meta disclosed that CEO Mark Zuckerberg's overall compensation in 2022 amounted to over $27.1 million, practically all of it for security-related costs, including $2.3 million in personal private jet travel.

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Meta has reportedly stopped pitching advertisers on the metaverse

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Facebook CEO and founder Mark Zuckerberg in an Oculus VR headset in 2016
Less than one year after Meta CEO and founder Mark Zuckerberg was pushing the Metaverse, the firm has moved away from the technology in meetings with advertisers.

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